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Patrice Motsepe
Patrice Tlhopane Motsepe (born 28 January 1962) is a South African mining billionaire businessman. Since 12 March 2021, he has been serving as the President of the Confederation of African Football. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He sits on several company boards, including being the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and the deputy chairman of Sanlam. In 2012, Motsepe was named South Africa's richest man, topping the Sunday Times' annual Rich List with an estimated fortune of R20.07 billion ($1 billion). In 2003, he became the owner of football club Mamelodi Sundowns. In 2013, he joined The Giving Pledge, committing to give half of his wealth to charitable causes. Early life and education Patrice Motsepe was born to Kgosi Augustine Motsepe, a chief of the Mmakau branch of the Tswana people, who had previously be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Presidents Of The Confederation Of African Football
The following is a list of presidents of CAF, the African association football governing body. The current president is Patrice Motsepe from South Africa. Presidents of CAF † ''Indicates that the title of Honorary President was conferred upon leaving office.'' ‡ ''Acted for a transitional period from 18 August 1987 following Tessema's death in Addis Ababa due to illness, until 10 March 1988 when the general assembly was held in Casablanca and Issa Hayatou was elected president of CAF.'' See also * List of presidents of FIFA *List of presidents of UEFA * List of presidents of AFC * List of presidents of CONCACAF * List of presidents of CONMEBOL *List of presidents of OFC The following is a list of presidents of OFC, the Oceanic association football governing body. Presidents of OFC ; Notes * David Chung served as interim president before being elected in 2011. * Lambert Maltock served as interim president ... References {{CAF presidents Presidents of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Giving Pledge
The Giving Pledge is a campaign to encourage extremely wealthy people to contribute a majority of their wealth to philanthropic causes. , the pledge has 236 signatories from 28 countries. Most of the signatories of the pledge are billionaires, and as of 2016, their pledges are estimated to total US$600 billion. Description The organization's stated goal is to inspire the wealthy people of the world to give at least half of their net worth to philanthropy, either during their lifetime or upon their death. The pledge is a public gesture of an intention to give, not a legal contract. On The Giving Pledge's website, each individual or couple writes a letter explaining why they chose to give. History In June 2010, the Giving Pledge campaign was formally announced and Bill Gates and Warren Buffett began recruiting members. As of August 2010, the aggregate wealth of the first 40 pledgers was $125 billion. As of April 2011, 69 billionaires had joined the campaign and given a pledge, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TymeBank
TymeBank is an exclusively digital retail bank based in South Africa. Digital banking Headquartered in Rosebank, Johannesburg, TymeBank does not have any physical bank branches and relies on an Android banking App, an Internet Banking site and a partnership with two retail chains, Pick n Pay and Boxer, to host a national network of self-service kiosks that facilitate the account opening process. The Prudential Authority of the South African Reserve Bank (SARB), granted permission for TymeBank to operate exclusively online on 28 September 2017. Banking in the cloud TymeBank is the first bank in South Africa to put its core-banking platform in the cloud. 85% of TymeBank's systems are AWS cloud applications that provide system scalability, uniform security and cost efficiencies. TymeBank's use of technology and the strategic relationship with Pick n Pay and Boxer stores eliminates the need for physical branches. The reduced operating costs and the national presence of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JSE Security Exchange
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Absa Group Limited
Absa Group Limited (ABGL; formerly Barclays Africa Group Limited), and originally Amalgamated Banks of South Africa, is a South African-based financial services group, offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, as well as bank assurance. ABGL in 2020 was the majority shareholder of 11 banks located in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (two entities), Uganda and Zambia. The group maintains representative offices in Namibia and Nigeria and also has an international office in London and New York City. As of October 2019, Absa Group Limited had assets of US$91 billion. History Barclays Africa Limited (1991-2017) Absa was founded in 1991 through the merger of financial service providers United Bank (South Africa), the Allied Bank (Souths of the Sage Group. The following year, Absa acquired the entire shareholding of the Bankorp Group which included ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greene And Partners Investments
Nicholas F. Oppenheimer (born 8 June 1945) is a South African billionaire businessman. He was formerly the chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former deputy chairman of Anglo American. He is the third richest man in Africa. Early life Oppenheimer is the son of Bridget (née McCall) and Harry Oppenheimer, and grandson of Anglo American founder Ernest Oppenheimer (the first generation to chair De Beers, from 1929). His father was of German Jewish descent. He was educated at Ludgrove School, Harrow School and Christ Church, Oxford, where he read Philosophy, Politics and Economics, earning an Oxford MA. Business career Oppenheimer joined Anglo American in 1968, was appointed a director in 1974, then became deputy chairman in 1983. He resigned in 2001, remaining a non-executive director until 2011. He was appointed deputy chairman of the then Central Selling Organisation (now Diamond Trading Company) in 1984, and de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Mines
Gold mining is the resource extraction, extraction of gold resources by mining. Historically, mining gold from Alluvium, alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to Ore, ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, Mining#Human Rights, human rights and Environmental effects of mining, environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Economic Empowerment
Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action, it is intended especially to redress the inequalities created by apartheid. The policy provides incentives – especially preferential treatment in government procurement processes – to businesses which contribute to black economic empowerment according to several measurable criteria, including through partial or majority black ownership, hiring black employees, and contracting with black-owned suppliers. The preferential procurement aspect of BEE has been viewed as paradigmatic of a sustainable procurement approach, whereby government procurement is used to advance social policy objectives. So-called "BEE deals" – transactions aiming to increase black ownership of large businesses – have been conducted on a large scale, with BEE transactions concluded between 1994 and 2005 valued at betwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nelson Mandela
Nelson Rolihlahla Mandela (; ; 18 July 1918 – 5 December 2013) was a South African anti-apartheid activist who served as the first president of South Africa from 1994 to 1999. He was the country's first black head of state and the first elected in a fully representative democratic election. His government focused on dismantling the legacy of apartheid by fostering racial reconciliation. Ideologically an African nationalist and socialist, he served as the president of the African National Congress (ANC) party from 1991 to 1997. A Xhosa, Mandela was born into the Thembu royal family in Mvezo, Union of South Africa. He studied law at the University of Fort Hare and the University of Witwatersrand before working as a lawyer in Johannesburg. There he became involved in anti-colonial and African nationalist politics, joining the ANC in 1943 and co-founding its Youth League in 1944. After the National Party's white-only government established apartheid, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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